Property Compliance News Briefs - September 2012

Saturday, September 1, 2012

Minnesota Housing’s multifamily division merged its low-income housing tax credit (LIHTC), HOME and deferred loan monitoring staff into one consolidated compliance team. The team, led by compliance supervisor Karen Hassan, is responsible for the overall compliance monitoring of Minnesota Housing’s portfolio. Other team members are Monica Garcia, Judie VanderBosch, Judith Leatherwood, Jennifer Nelson, Sue Morrison and Tere Hopponen. In another staffing change, Renee Dickinson, who served as the agency’s compliance coordinator, has accepted the position of operations specialist. In her new role, Dickinson will manage the multifamily division’s production and compliance databases. She will also continue to be responsible for policy and procedure implementation for the LIHTC, HOME and deferred loan programs.

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The Arizona Department of Housing (ADOH) announced that LIHTC applicants are required to participate in developer compliance training. According to Information Bulletin No. 26-12, the annual application workshop’s half-day compliance session will no longer satisfy this requirement, which is outlined in the agency’s qualified allocation plan. Developers must attend compliance training every five years with an agency-approved compliance training provider. Property managers must also meet compliance training requirements by attending ADOH’s management agent compliance training and obtaining an annual certification on ADOH compliance monitoring. ADOH will hold compliance training Oct. 23 and 24 in Tucson, Ariz. More information and details on registering for compliance training are available at www.azhousing.gov.

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The Montana Board of Housing will hold its annual LIHTC compliance training Sept. 13 and 14 in Great Falls. Registration costs $125 per person. Online registration is available at www.housing.mt.gov.

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The Poverty & Race Research Action Council is leading a coalition to press the Treasury Department to adopt fair housing regulations for the LIHTC program. In a June 29 letter to Treasury officials, the coalition said that the LIHTC constitutes federal financial assistance for purposes of the Fair Housing Act, which legally obligates the department to adopt regulations barring discrimination. According to the letter, these rules would ensure that LIHTC residents and applicants have the same protections as those participating in U.S. Department of Housing and Urban Development (HUD) programs, including in the areas of site selection, affirmative marketing, tenant selection and language access. The coalition urged Treasury to issue the regulations before the current presidential term ends. A copy of the letter is posted at www.prrac.org.

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HUD invited public comments on the Section 8 Renewal Policy Guide. The guide has been revised to implement Section 8 renewal policy changes and recent legislation. Comments must be received by Oct. 9. See the Aug. 8 Federal Register notice for more information.

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The National Affordable Housing Management Association (NAHMA) received a Silver Power of A (PWRA) award from the American Society of Association Executives (ASAE) for its Communities of Quality (COQ) national recognition and awards program. ASAE received nearly 100 entrants for its 2012 PWRA awards, with 14 associations receiving the Silver Award. Award-winning entries showcase how associations benefit society through volunteerism, education, social responsibility, innovation, research and problem-solving. NAHMA’s COQ program recognizes the best multifamily affordable housing communities for excellence in the way they manage the physical, financial and social condition of the properties. The awards program, which is entering its 20th year, honors winners for the quality of life they offer residents, the level of resident involvement in community life, the properties’ financial stability and the nature of collaborations with other organizations and agencies. More information about the PWRA awards is available at www.thepowerofa.org.

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